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Jan 19, 2013
01/13
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house of representatives will vote next week on lifting the debt ceiling. majority leader eric cantor said today republicans want an interim measurto provide about hree more months oboowing authority. the bill would not mandate immediate spending cuts, as house speaker john boehner earlier promised. instead, it would force congress to pass a budget or go without being paid. the government could reach the current debt ceiling by mid-february. ray nagin, the mayor of new orleans during hurricane katrina, has been indicted on charges for corruption. a federal grand jury accused him today of bribery, wire fraud, and money laundering while in office. nagin was the city's mayor from 2002 until 2010. two former new orleans officials and two busessmen have already pleaded guilty in the case. u.s. attorney general eric holder today defended president obama's moves to curb gun violence. the president signed 23 executive orders this week, calling for such things as more research into gun violence. today, in washington, holder told the u.s. conference of mayors that th
house of representatives will vote next week on lifting the debt ceiling. majority leader eric cantor said today republicans want an interim measurto provide about hree more months oboowing authority. the bill would not mandate immediate spending cuts, as house speaker john boehner earlier promised. instead, it would force congress to pass a budget or go without being paid. the government could reach the current debt ceiling by mid-february. ray nagin, the mayor of new orleans during hurricane...
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Jan 22, 2013
01/13
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we learned on monday that the house will vote tomorrow on raising the debt ceiling for a period of three months, and the republicans have made a big concession. they had their dance and took a moment to savor the scene. now it's time to get back to work. in his inaugural speech, the president called on both parties not to let politics get in the way of governing. >> we must act knowing that our work will be imperfect. we must act knowing that today's victories will be only partial. >> reporter: so republicans are offering a compromise on the debt ceiling. house gop members are backing off a requirement to cut $1 of spending for every dollar the debt ceiling has raised. it's a move the president has demanded. >> i do believe it is a recognition of political reality. i think we realize the president won the election. >> reporter: but republicans on capitol hill are not voting to raise the debt ceiling without getting something in return. they say in order to approve a highe debt limit, they want senate democrats to do something they haven't done in four years -- pass a budget. >> for us to
we learned on monday that the house will vote tomorrow on raising the debt ceiling for a period of three months, and the republicans have made a big concession. they had their dance and took a moment to savor the scene. now it's time to get back to work. in his inaugural speech, the president called on both parties not to let politics get in the way of governing. >> we must act knowing that our work will be imperfect. we must act knowing that today's victories will be only partial....
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Jan 23, 2013
01/13
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there is word of what may be a break through in the standoff over the so-called debt ceiling. the point where our nation can no longer pay its bills. house republicans are set to vote tomorrow on a temporary fix, which would raise the federal spending limit. now the white house says it won't stand in the way of that: even though the president says he would rather see the problem fixed once and foreall. the g.o.p. measure would buy us only a few months before congress would have to agree to a long-term solution. a second part of the proposal would force lawmakers in both houses of congress to pass a budget or they wouldn't even get paid. that's the g.o.p. attempt to force the senate's hand the democratic led senate hasn't passed a budget in four years now. mike emanuel son the top story at the bottom of the hour. live with us from the row rotuna on capitol hill. mike, house republicans meeting behind closed doors late today. have we heard anything? >> well, shep, some conservatives don't love this debt ceiling deal because they don't like the idea of adding to the nation's cred
there is word of what may be a break through in the standoff over the so-called debt ceiling. the point where our nation can no longer pay its bills. house republicans are set to vote tomorrow on a temporary fix, which would raise the federal spending limit. now the white house says it won't stand in the way of that: even though the president says he would rather see the problem fixed once and foreall. the g.o.p. measure would buy us only a few months before congress would have to agree to a...
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Jan 15, 2013
01/13
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ceiling and your own history on the debt ceiling. >> getting votes for the debt ceiling are always difficult and bulge nets this town are always difficult. this is the united states of america, major. we can't manage our affairs in such a way that we pay our bills and we provide some certainty in terms of how we may our bills. if we want to have a conversation about how to redust our deficit let's have that. we've been having that nor the last two years. we just had an entire campaign about it. by the way the american people agreed with me that we should reduce our deficits in a balanced way that takes into account the need for us to grow this economy. martha: bob beckel is former democratic campaign manager and cohost of the five. mary katherine ham is editor at large and fox news contributor. why do you think it was so testy yesterday? >> obama's best form is not necessarily a press conference which is why he does than do many of them. i which he was testy for one real reason. the republicans trying to take the full faith and crucify the united states currency and putting it at fist being.
ceiling and your own history on the debt ceiling. >> getting votes for the debt ceiling are always difficult and bulge nets this town are always difficult. this is the united states of america, major. we can't manage our affairs in such a way that we pay our bills and we provide some certainty in terms of how we may our bills. if we want to have a conversation about how to redust our deficit let's have that. we've been having that nor the last two years. we just had an entire campaign...
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Jan 22, 2013
01/13
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tomorrow, the house will vote on increasing the debt ceiling so the u.s. can pay its bills through may. if congress approves, pressure falls on senate democrats to pass their first budget in four years. without one there could be a partial government shut down at the end of march. congressman mike honda is making a pitch. i will explain his proposal when i see you next. back to you. >> thank you. >>> great economic news just coming in right now. u.s. home sales rose to a five- year high last year. that should bode well for the markets. dow jones is down a little bit. right now, the nasdaq also down, but the s&p s&p, posting a little bit of a -- but the s&p posting a little bit of a gain. >>> >>> a young girl is dead, several others injured after a strong earthquake rocked western indonesia. the 5.9 quake struck in the area prove vern overnight. the aftershock came about 27 minutes later. several homes were damaged and a young girl was found dead in her home buried up some trouble. in 2004, you may -- rubble. in 2004, you may remember an earthquake hit that
tomorrow, the house will vote on increasing the debt ceiling so the u.s. can pay its bills through may. if congress approves, pressure falls on senate democrats to pass their first budget in four years. without one there could be a partial government shut down at the end of march. congressman mike honda is making a pitch. i will explain his proposal when i see you next. back to you. >> thank you. >>> great economic news just coming in right now. u.s. home sales rose to a five-...
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Jan 16, 2013
01/13
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most countries don't have a debt ceiling. you still need votes from congress to authorize spending. you couldn't just borrow willy nilly anyway. the simple fact is the debt ceiling is the one time in the legislative process where you actually get a bill. everyone having all this contest of whose analogy is right, whether it's a family with a budget, whether it's this. or that, whether it's dining and dashing as the president likes to say. the debt ceiling is the moment you get the credit card bill and it's the only moment. and if you can't have a sort of reckoning about your spending habits when you see your credit card bill you're never going to have that reckoning. i'm in favor of it. i'm in favor of any speed bumps towards more spending and this is as good as any. jon: the president was talking about it at his news conference the other day. i want to play something that he had to say and get your reaction. >> if congressional republicans refuse to pay america's bills on time, social security checks and veteran's benefits will be delayed. we might not be able to pay our troops, or
most countries don't have a debt ceiling. you still need votes from congress to authorize spending. you couldn't just borrow willy nilly anyway. the simple fact is the debt ceiling is the one time in the legislative process where you actually get a bill. everyone having all this contest of whose analogy is right, whether it's a family with a budget, whether it's this. or that, whether it's dining and dashing as the president likes to say. the debt ceiling is the moment you get the credit card...
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Jan 23, 2013
01/13
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a vote on the debt ceiling. we will get to john harwood in a moment on what it means for the white house and senate. but first, apple eamon javers on the hill. >> we expect it to pass, maybe tighter than republicans would like the vote count to be, but ultimately what the pleasure would do is extend the debt measure through to may 19th and politically what it does is rearranges the order of the fiscal fights we will have over the next couple of months and it means we will fight first over the sequester. remember that's that across the board budget cut postponed during the fiscal cliff fight in december and january. now that will be the first fight up at the beginning of march. republicans feel that that is a much more safe political ground for them to fight on than to fight over the debt ceiling which of course could threaten a default on the nation's obligations so we do expect this vote within the next couple of minutes here to pass by republicans, then it will go over to the senate side and the white house ha
a vote on the debt ceiling. we will get to john harwood in a moment on what it means for the white house and senate. but first, apple eamon javers on the hill. >> we expect it to pass, maybe tighter than republicans would like the vote count to be, but ultimately what the pleasure would do is extend the debt measure through to may 19th and politically what it does is rearranges the order of the fiscal fights we will have over the next couple of months and it means we will fight first over...
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Jan 22, 2013
01/13
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house leaders are expected to vote tomorrow to extend the debt ceiling deadline until may 19th. the gop measure doesn't specify an amount, but would lead let the government borrow what it needs to meet its obligation for that period. the strategy shift was agreed to last week and would let republicans focus on other fiscal fights in march such as ook automatic spending cuts delayed by the deal and the potential resolution. julian callow is still with us. julian, do you take this news as a positive development for markets or are you concerned about still the prospect of a government shutdown as others are calling for once we hit some of those further deadlines? >> yeah. i think that is quite positive, really. it shows that there is some desire not to up the vote too much on the side of the house. republicans at this stage. i think it's actually very important if we think about what it means for both financial markets and for the u.s. economy. obviously, financial market conditions have improved noticeably. there's less uncertainty around. that should come through in terms of stro
house leaders are expected to vote tomorrow to extend the debt ceiling deadline until may 19th. the gop measure doesn't specify an amount, but would lead let the government borrow what it needs to meet its obligation for that period. the strategy shift was agreed to last week and would let republicans focus on other fiscal fights in march such as ook automatic spending cuts delayed by the deal and the potential resolution. julian callow is still with us. julian, do you take this news as a...
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Jan 22, 2013
01/13
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ceiling bill that will be voted on in the house tomorrow, martha. martha: on the face of it, it appears if you're not doing your job you really shouldn't be paid for it. they haven't done the job when it comes to a budget for four years now. republicans do appear to be suspicious of this plan, why? >> reporter: democrats have been setting very strong signals they want more tax increases or at least revenue enhancements through closing loopholes and deductions. majority leader cantor responded to that yesterday. listen up. >> well, you know i fundamentally disagree. i don't think most americans would say to give more money to washington to have washington spend their money is a way to help anybody. >> reporter: also yesterday, the president strongly defended social security, medicare and medicaid and with anp a parent jab at his defeated opponent mitt romney said those entitlement do not make us a nation of takers. republicans have long-held those entitlements are on the road to insolvency unless they are fundamentally restructured. martha. martha: d
ceiling bill that will be voted on in the house tomorrow, martha. martha: on the face of it, it appears if you're not doing your job you really shouldn't be paid for it. they haven't done the job when it comes to a budget for four years now. republicans do appear to be suspicious of this plan, why? >> reporter: democrats have been setting very strong signals they want more tax increases or at least revenue enhancements through closing loopholes and deductions. majority leader cantor...
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Jan 23, 2013
01/13
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i don't understand how anyone who voted for the iraq war could now vote against raising the debt ceiling. in reality arguing over the debt ceiling is an argument over whether we should pay our bills. we should pay our bills. this debt is about the past, not about the future. you voted for war in iraq and the bush tax cuts, the bill is here. remind our colleagues and friends, over one million veterans, those who have served us honorably. half of the 45,000 have can claimed disability. so we hear from some of our friends, the default deniers that they think hitting the debt ceiling is no big deal. we can raise the debt ceiling only if we cut government spending as well. where were they during those years? those very difficult years. i have compiled a voting records on the debt increases that president bush requested and i hope i can insert that into the record. >> without objection. >> many members of this committee routinely voted to raise the debt ceiling even though the money for the tax cuts and the wars were put on an emergency basis for the purpose of hiding the cost. i'm pleased tha
i don't understand how anyone who voted for the iraq war could now vote against raising the debt ceiling. in reality arguing over the debt ceiling is an argument over whether we should pay our bills. we should pay our bills. this debt is about the past, not about the future. you voted for war in iraq and the bush tax cuts, the bill is here. remind our colleagues and friends, over one million veterans, those who have served us honorably. half of the 45,000 have can claimed disability. so we hear...
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Jan 15, 2013
01/13
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today, president obama said again, not going to negotiate with republicans about raising the debt ceiling. >> if the republicans in congress have made a decision that they want to shut down the government in order to get their way, then they have a vote in the house of representatives to do that. >> the problem, that's what they say they're going to do. great to see you birthday. david, the president himself saying, i acknowledge it, a government shut-down is a possibility. cathy mcmorris rogers of washington state told politico, i think it's possible we would shut down the government. so here we are, we're getting to a problem. treasury secretary tim geithner said mid-february/march is as far as he can go. who blinks first? >> this is like one of the situations in the monkey cage at the zoo where the monkeys bang their chests and look as powerful as possible. the president is escalating this situation. no 14th amendment option. do it my way or we plunge the public credit of the united states into bankruptcy. and the republicans are responding equivalently by saying to the president, we'r
today, president obama said again, not going to negotiate with republicans about raising the debt ceiling. >> if the republicans in congress have made a decision that they want to shut down the government in order to get their way, then they have a vote in the house of representatives to do that. >> the problem, that's what they say they're going to do. great to see you birthday. david, the president himself saying, i acknowledge it, a government shut-down is a possibility. cathy...
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Jan 19, 2013
01/13
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the debt ceiling is something you guys have voted on, already put all of these bills out there. we need to pay for the bills now. >> tucker: here is what the public says accord to go a fox news poll. 69% want the debt limit raised only after major cuts to federal spending, while 22% say, yes, raise that debt limit, it's reckless not to. the problem is that spending, this is not a figment of anyone's imagination, not a talking point. it's a math question to anyone with google and a handout calculator. the debt is out of control. 16.4, but keep in mind that's an official made up, that's washington accounting, that does not take into account any of the liabilities attached to entitlement spending, so we've promised seniors medicaid and medicare. and promised seniors social security and those are debts and they're not included in the debt number. >> and tucker, isn't it astounding that the republicans who dug in their heels the last time around, when there was a big debt ceiling debate and this time around they said we're not going to give the president is pass, they will for three
the debt ceiling is something you guys have voted on, already put all of these bills out there. we need to pay for the bills now. >> tucker: here is what the public says accord to go a fox news poll. 69% want the debt limit raised only after major cuts to federal spending, while 22% say, yes, raise that debt limit, it's reckless not to. the problem is that spending, this is not a figment of anyone's imagination, not a talking point. it's a math question to anyone with google and a handout...
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Jan 21, 2013
01/13
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it has not gone completely shut down, so we may get at three month extension of the debt ceiling. extending that three months republicans are asking that congress pass a budget to be taken political aim at the u.s. senate because in the u.s. senate they have not passed a budget in a few years. with that they get democrats on the record and the senate with a budget which is something that had been hoping to do politically. they don't have any spending cuts as part of this. another part of this is that congress will get paid if they don't pass a budget. is knows that argument. there will be having budget fights every few months. >> something to look for too. thank you. melissa: just attending the inauguration this morning. lori: that's right. let's bring in lou dobbs listen to that speech this morning. >> the leader of this country for the previous four years. the welcome tone in many respects. in other respects it was confusing and confounding. suggesting that somehow -- he talked about one thing in particular, talking about self executing troops. we don't have any of those. there
it has not gone completely shut down, so we may get at three month extension of the debt ceiling. extending that three months republicans are asking that congress pass a budget to be taken political aim at the u.s. senate because in the u.s. senate they have not passed a budget in a few years. with that they get democrats on the record and the senate with a budget which is something that had been hoping to do politically. they don't have any spending cuts as part of this. another part of this...
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Jan 19, 2013
01/13
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new plan in congress could avert the latest debt ceiling crisis, at least for now. house republicans expect a vote twoness raise the government spending limit for another three months in hopes of giving lawmakers time to pass a federal budget. >> heather: a priest who suffered severe injuries in last summer's shooting rampage in a milwaukee temple is showing new signs of awareness. he's been largely unresponsive since the attack that claimed the lives of six others. >> gregg: baseball hall of famer earl weaver has died. he managed the baltimore orioles for 17 seasons. the cause of death has not as yet been determined. he was 82 years old. >> heather: those controversial full body scanners at the nation's airports are going away. the tsa removing the x-ray machines after coming under intense pressure by airline passengers who complained that their privacy is being violated. peter doocy reports from washington. >> the tsa told the maker of the scanning machines that took very revealing photos of air travelers to fix their software so flyers looked more like cartoons i
new plan in congress could avert the latest debt ceiling crisis, at least for now. house republicans expect a vote twoness raise the government spending limit for another three months in hopes of giving lawmakers time to pass a federal budget. >> heather: a priest who suffered severe injuries in last summer's shooting rampage in a milwaukee temple is showing new signs of awareness. he's been largely unresponsive since the attack that claimed the lives of six others. >> gregg:...
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Jan 22, 2013
01/13
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. >> congressman, you're going to vote on the debt ceiling. when you make that vote most people believe it's a concession, and you have a new legislative strategy. do you believe you will be able to force a budget by april 15th? >> well, i think the american people expect a more accountable, effective and efficient government. the number one thing all elected officials to do to pass a budget, every household does it. how can you plan for the future how can you do anything the president says he wants to do about investing in the future if you don't have a budget? you can't invest for your kids' college, you can't set aside what you're going to pay for your house payment or anything. the government has to pass one and the senate has not passed one in almost four years. that has caused a lot of the debt and the uncertainty we have today. >> what's going to happen in the house that will force the senate to pass the budget. >> the first thing that will happen is we'll do a short term debt limit increase so it will go to the senate and if the senate
. >> congressman, you're going to vote on the debt ceiling. when you make that vote most people believe it's a concession, and you have a new legislative strategy. do you believe you will be able to force a budget by april 15th? >> well, i think the american people expect a more accountable, effective and efficient government. the number one thing all elected officials to do to pass a budget, every household does it. how can you plan for the future how can you do anything the...
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Jan 23, 2013
01/13
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debt ceiling, the house effectively kicked the can down the road until may. lawmakers voted to let the treasury department keep borrowing money so the u.s. can pay its bills until then. the bill also withholds lawmakers' pay until may if they don't start a budget. most called that a stunt and voted no. >>> and u.s. cargo jets have flown at least five missions in mali this week. a spokesman tells cnn that the c-17 cargo jets have flown in both french troops and tons of supplies for the fight against islamic insurgents. the u.n. is warning the violence could soon displace up to 700,000 people in mali. >>> bill clinton is heading back out on the campaign trail. cnn has confirmed that the former president will headline a march fund-raiser for arkansas senator mark pryor, who's up for re-election next year. clinton, of course, is an arkansas native, who served 12 years as the governor of that state. >>> and finally, a rough day for serena williams at the australian open. the 15-time grand slam winner broke, wow, you see it there, broke a racket in disgust after bl
debt ceiling, the house effectively kicked the can down the road until may. lawmakers voted to let the treasury department keep borrowing money so the u.s. can pay its bills until then. the bill also withholds lawmakers' pay until may if they don't start a budget. most called that a stunt and voted no. >>> and u.s. cargo jets have flown at least five missions in mali this week. a spokesman tells cnn that the c-17 cargo jets have flown in both french troops and tons of supplies for the...
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Jan 22, 2013
01/13
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tomorrow on raising the debt ceiling for the next three months, during which you can work on some of the deficit reduction and other issues. are you going to vote in favor of that language? >> i haven't seen the legislation yet. i'll have to take a look at it. i am very concerned. first of all, we should be sending the president a clean debt ceiling increase -- >> but if that doesn't happen, it's better than nothing, right? >> if it's not a clean debt ceiling -- >> are you concerned there's going to be some poisoned pill in there? >> well, they are already tying a debt ceiling increase to something else, to a budget, to congressional pay. what we need to do is make sure we pay our bills. we need to make sure we inject more certainty, not less, into the economy. a three-month debt ceiling increase does not do that, especially if it's tied to -- if it's conditional, that's not clean. >> congresswoman, thanks for coming in. or madame chair. >> both. >> any title that you have. >> thank you very much. >>> militants on the rise in north africa. some peexperts say the threat t the u.s. cou
tomorrow on raising the debt ceiling for the next three months, during which you can work on some of the deficit reduction and other issues. are you going to vote in favor of that language? >> i haven't seen the legislation yet. i'll have to take a look at it. i am very concerned. first of all, we should be sending the president a clean debt ceiling increase -- >> but if that doesn't happen, it's better than nothing, right? >> if it's not a clean debt ceiling -- >> are...
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Jan 22, 2013
01/13
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debt ceiling in 2006. truer words cannot have been spoken today. the debt burden the president was concerned about a few years ago is still a very real threat today. congress should pass a responsible budget so we have a road map to get to our serious debt burden. no budget, no pay. >> i'm not sure i need this stool, but i'm a freshman. i'm new. i was sworn in just three weeks ago today and as a new member of the 113th congress, i know how they do things in washington, d.c.,. i know how they do things in missouri's 2nd congressional district. i'm a mother of three kids and have small business roots and all i know is that every family, every household, every business, every individual must have and pass a budget. we must live within our means. it is past time, way past time for the united states senate to pass a responsible budget that is going to put us on a path towards prosperity and is going to grow our economy and is going to create jobs and increase the standard of living for hard-working, middle-clas
debt ceiling in 2006. truer words cannot have been spoken today. the debt burden the president was concerned about a few years ago is still a very real threat today. congress should pass a responsible budget so we have a road map to get to our serious debt burden. no budget, no pay. >> i'm not sure i need this stool, but i'm a freshman. i'm new. i was sworn in just three weeks ago today and as a new member of the 113th congress, i know how they do things in washington, d.c.,. i know how...
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Jan 23, 2013
01/13
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so the republicans are going to vote on suspending the debt ceiling which is lot of people think it's a good idea to do forever. they won't have much opposition with that. and cantor with a conessional delegation, they'll come over to davos, he'll be in a panel on friday, and we'll talk to him when he gets here about the budget, about the debt ceiling debacle in the united states and about whether or not america with sort of capture this economic dinahism that you say talk about so much in the face of all of these problems going on in washington, the congress and inability to get anything done. can we actually overcome that and have a great year. >> all right. ali velshi? davos. thank you. so nice to see you. so interesting, too, they talk about how the future will not be a u.s. and europe led world. it's china, india, some of these emerging markets. they talks about the next 100 year, not necessary lit next quarter. >>> high drama below ground. coming up, the race to save a woman who falls on to the subway tracks. [ construction sounds ] ♪ [ watch ticking ] [ engine revs ] come in.
so the republicans are going to vote on suspending the debt ceiling which is lot of people think it's a good idea to do forever. they won't have much opposition with that. and cantor with a conessional delegation, they'll come over to davos, he'll be in a panel on friday, and we'll talk to him when he gets here about the budget, about the debt ceiling debacle in the united states and about whether or not america with sort of capture this economic dinahism that you say talk about so much in the...
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Jan 23, 2013
01/13
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the debt ceiling crisis at least temporarily. republicans are planning to offer legislation that will suspend the enforcement of the federal debt limit for at least three months, allowing the government to keep borrowing money to pay for all of its current obligations. in exchange, the house gop'ers want the democratic-controlled senate to do something they haven't done in 1,365 days, pass a budget. something that body hasn't done since 2009. now, instead of demanding spending cuts, republicans have added a provision to the bill that would suspend lawmakers' own paychecks if their chamber fails to pass a budget by april 15th. that's a lot like actually the no labels, no budget, no pay plan that that organization's been dealing with, talking about for a long time. michael steele, i think that's a great idea. >> i do, too. >> if you don't do your job -- >> why get paid for it? >> and the democrats in the senate haven't done their job in that many days, why pay them? >> i don't think you should. in fact, if i had my way, it would be
the debt ceiling crisis at least temporarily. republicans are planning to offer legislation that will suspend the enforcement of the federal debt limit for at least three months, allowing the government to keep borrowing money to pay for all of its current obligations. in exchange, the house gop'ers want the democratic-controlled senate to do something they haven't done in 1,365 days, pass a budget. something that body hasn't done since 2009. now, instead of demanding spending cuts, republicans...
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Jan 19, 2013
01/13
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with the debt ceiling rate so the two things were in the same. you voted on them together. >> right. >> you're doing this, authorizing spending and borrowing by authorizing the spending. we didn't have this right? that used to be the norm. >> and one thing i'm shocked about really i think one of the most surprising things to me is nobody is talking about jobs. >> no one is talking about jobs. >> it's critical. >> bananas. >> it is the number one issue where i live and most people live. >> negative job growth. >> right. >> these three-month extensions, this is all about no predictability in the private sector -- >> traffic jams and cockroaches are more popular than congress. >> that's right. >> we want to get people back to work. in answer to your question we need to talk about this. there has been a great fraud perpetuated on the american public. lois pointed it out here. medicare, social security, have not gotten us into the financial crisis we are in. this is all about an attempt to turn social security over to wall street and turn medicare ove
with the debt ceiling rate so the two things were in the same. you voted on them together. >> right. >> you're doing this, authorizing spending and borrowing by authorizing the spending. we didn't have this right? that used to be the norm. >> and one thing i'm shocked about really i think one of the most surprising things to me is nobody is talking about jobs. >> no one is talking about jobs. >> it's critical. >> bananas. >> it is the number one issue...
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Jan 23, 2013
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republicans in the house are expected to vote on a plan that would diffuse the debt ceiling crisis. the federal government could keep borrowing money for three months, in exchange house develop members want the senate to pass a budget, something that body has not done since 2009, exactly 1,365 days ago. this time instead of demanding spending cuts, republicans added a provision to the bill that would suspend lawmakers own paychecks if a budget is failed to be passed by april 15th. >> most americans believe if you don't do your job you don't get paid. that's the basis for no budget no pay. it's time for the senate to act. i think the american people understand that you can't continue to spend money that you don't have it's time for us to come to a plan that will, in fact, balance the budget over the next ten years. it's our commitment to the american people. we hope the senate will do their budget as they should have done over the last four years. >> boehner's plan getting a pretty good reception. the club for growth which led the revolt against his plan b proposal last round, said i
republicans in the house are expected to vote on a plan that would diffuse the debt ceiling crisis. the federal government could keep borrowing money for three months, in exchange house develop members want the senate to pass a budget, something that body has not done since 2009, exactly 1,365 days ago. this time instead of demanding spending cuts, republicans added a provision to the bill that would suspend lawmakers own paychecks if a budget is failed to be passed by april 15th. >> most...
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Jan 22, 2013
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tomorrow, the house is set to vote to extend that debt ceiling deadline until may 19th. elsewhere, earnings reports will likely influence trades today. dupont, johnson & johnson, and ibm all report today. natalie? >> courtney regan at the new tock exchange, thank you. >>> the u.s. education department says it takes more than the standard four years for more than 20% of students to ini finish and get their deemployee mas. they credit the rise in graduation rate for the stiff competition for limited jobs. >>> an analysis of marrs' mclaughlin crater has scientists investigating new evidence that there was water on the red planet. using data from the mars reconnaissance orbiter, it may once have been a lake fed by an underground water supply. the findings are published in "nature geo science" and may push the search for ancient life on mars underground. >>> off-duty police officer in madrid is being credited as a hero this morning after rescuing a woman who fainted and fell on the city's subway tracks. the officer leaped into action and pulled the 52-year-old woman to safety
tomorrow, the house is set to vote to extend that debt ceiling deadline until may 19th. elsewhere, earnings reports will likely influence trades today. dupont, johnson & johnson, and ibm all report today. natalie? >> courtney regan at the new tock exchange, thank you. >>> the u.s. education department says it takes more than the standard four years for more than 20% of students to ini finish and get their deemployee mas. they credit the rise in graduation rate for the stiff...
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Jan 16, 2013
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ross was among the freshman republicans who told john boehner that he would not be voting for the debt ceiling proposal. that was from the last time the house republicans threatened the country with defaulting on our debt back in 2011. dennis ross, you probably should have calibrated your place in line a little better. throw a democrat in there ahead of you when you realize that's what you're going to get. get there in time for the repeal prohibition amendment next time. that's more fun. if you have found yourself at home constitutionally -- forgive me, constitutionally incapable of getting excited over having another fight about the debt ceiling this year, if this isn't exciting because it just feels like groundhog day to you, oh my god, i've got reckless brinksmanship fatigue, it is true that it's hard to get excited over something we have done before. it is 2013 now. remember when it happened it was a total disaster. even if you just ignore the political consequences, if you just look at the economic impact, it was a self-imposed economic disaster caused by washington refusing to do
ross was among the freshman republicans who told john boehner that he would not be voting for the debt ceiling proposal. that was from the last time the house republicans threatened the country with defaulting on our debt back in 2011. dennis ross, you probably should have calibrated your place in line a little better. throw a democrat in there ahead of you when you realize that's what you're going to get. get there in time for the repeal prohibition amendment next time. that's more fun. if you...
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Jan 23, 2013
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. >>> the house voted to delay a debate over the debt ceiling. chief capitol hill correspondent kelly o'donnell has more. good morning. >> reporter: good morning, natalie. this is to avoid those showdowns we've seen the past two years. it would give the government more time to borrow. while democrats would like a longer term solution, the white house says it would go along. >> most americans believe you don't do your job, you shouldn't get paid. >> reporter: today's vote is a tactical shift in the gop playbook, putting on hold their demand for a debt ceiling increase only with spending cuts attached. >> it's a concession by republicans that they were not going to be able to win a spending cut fight using the debt ceiling vote. >> reporter: the clock is ticking. the country will max out its credit card at $16.4 trillion in several weeks, risking possible default on the nation's debt unless congress okay's more borrowing. the house is considering a short-term fix. lift the debt ceiling for a few months to take the pressure off, but require both hou
. >>> the house voted to delay a debate over the debt ceiling. chief capitol hill correspondent kelly o'donnell has more. good morning. >> reporter: good morning, natalie. this is to avoid those showdowns we've seen the past two years. it would give the government more time to borrow. while democrats would like a longer term solution, the white house says it would go along. >> most americans believe you don't do your job, you shouldn't get paid. >> reporter: today's...
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Jan 19, 2013
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ceiling. top republicans say they will now vote next week to raise the government's borrowing limit for another three months, without demanding immediate spending cuts. they are hoping the move will get democrats involved in the deficit reduction debate by passing a budget by april. >>> and former new orleans mayor, ray nagin, who promised to crack down on corruption, has been indicted on corruption charges. nagin is facing 21 counts, including wire fraud, aun money laundering. mark greenblatt has this story. >> reporter: indicted for construction. the one-time former rock star mayor of new orleans, stands accused of what he campaigned against. >> this state and this city, is saying to the old-line politic toes, we're tired of the games. >> reporter: it's a striking fall from grace for ray nagin, as the justice department indicts him for awarding lucrative contracts and kickbacks in vacation hot spots. he's accused of pocketing more than $200,000 in describes. and the indictment even charges n
ceiling. top republicans say they will now vote next week to raise the government's borrowing limit for another three months, without demanding immediate spending cuts. they are hoping the move will get democrats involved in the deficit reduction debate by passing a budget by april. >>> and former new orleans mayor, ray nagin, who promised to crack down on corruption, has been indicted on corruption charges. nagin is facing 21 counts, including wire fraud, aun money laundering. mark...
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Jan 22, 2013
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whether it's the debt ceiling, whether it's sequestration, doesn't matter, whatever it is. everything is done by crisis. and we're going to push this forward. there is going to be a vote in the house tomorrow. president has already said if it's in the legislation, he'll sign it. so there is an opportunity. i've talked to joe. joe signed on to this thing and he's promised me that he'll trio get some of his colleagues on his side of the aisle to support the idea. >> brian: senator, i thought what was most encouraging to come out of the sunday shows david plouffe says the president finds it encouraging. so the white house would support a move like this. so instead of saying the debt ceiling is here, we're not going to move. you're saying we're moving ahead of the crisis. can you get a budget together in three months? is that possible? >> it is. in fact, you're required by law to have it ready by april 1. the bum jet should be completed by april 1. let me take a step further if i may and that is what's the purpose of having a budget committee if they're not budgeting? you we pa
whether it's the debt ceiling, whether it's sequestration, doesn't matter, whatever it is. everything is done by crisis. and we're going to push this forward. there is going to be a vote in the house tomorrow. president has already said if it's in the legislation, he'll sign it. so there is an opportunity. i've talked to joe. joe signed on to this thing and he's promised me that he'll trio get some of his colleagues on his side of the aisle to support the idea. >> brian: senator, i...
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Jan 16, 2013
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the president has said, ", if congress is going to tie the debt ceiling votes, which we have never done in our history, i will not play that game. the president needs to have somebody around him that knows the truth. that poor man is being lied to. all you have to do is look back in our history. every cut -- every time there was a cut in spending, it was often tied to the debt ceiling negotiations. go back to 1985, to 1990, 1993, 1997, 2010. speaker pelosi, in 2010, with president obama, tied a pay-go provision. she did it. why is it so wrong that the republicans want to do that in the house, like speaker pelosi did? let's get responsible. but the president doesn't even remember two years ago when speaker pelosi did that. somebody has got to help this poor man understand recent and distant history before the rating agencies say, you know what? we used to think the rule of law was going to help the u.s. economy and help the federal government get around to taking care of its debts, but these guys don't even follow the rule of law anymore. and as far as what the economists say, yeah, but
the president has said, ", if congress is going to tie the debt ceiling votes, which we have never done in our history, i will not play that game. the president needs to have somebody around him that knows the truth. that poor man is being lied to. all you have to do is look back in our history. every cut -- every time there was a cut in spending, it was often tied to the debt ceiling negotiations. go back to 1985, to 1990, 1993, 1997, 2010. speaker pelosi, in 2010, with president obama,...
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event would be manageable in the short run, at least, they say, they won't vote for a higher debt ceiling until democrats accept spending cuts. many see this as risky. one said tuesday he would introduce legislation next week instructing the white house to prioritize the government's bills. what's wrong with the idea? >> guest: two things. first of all, we've had some deficit reduction. the president laid out a couple days ago. we had over $2 # trillion. we had a trillion and a half that came from previous actions, and then we added just a few days ago some further deficit reduction through increased taxes on the very wealthy of this country. we already begun to undertake deficit reduction. to use that as a reason to use the debt ceiling as a weapon is really playing with fire. they say pay some bills and not pay others. we've never tried that before. >> host: is it feasible? >> guest: i don't think so. which bills? social security? veterans? people out fighting for this country? which bills do you pay? we never tried that. i think the president put it so well. this is not a debt beat nat
event would be manageable in the short run, at least, they say, they won't vote for a higher debt ceiling until democrats accept spending cuts. many see this as risky. one said tuesday he would introduce legislation next week instructing the white house to prioritize the government's bills. what's wrong with the idea? >> guest: two things. first of all, we've had some deficit reduction. the president laid out a couple days ago. we had over $2 # trillion. we had a trillion and a half that...
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host: republicans offering a three-month extension on the debt ceiling limit. a vote scheduled or at least announced for next week. we're getting your thoughts on the idea of a holdup of the debt limit extension. talks about the budget. talks about spending. as you've heard about this morning. you can join us for the remaining 15 minutes so we have our caller on the republican line. caller: the guy from florida is wrong the democrats control the senate and they are controlled and even the democrats wouldn't vote for a budget but what should be more important for c-span although the same company that owns nbc owns c-span so you're always carrying the water for the democrats. talk about what the g.o.p. said about the dire consequences of our future and how in 10 years we will have spent $11 trillion on well fare. there's only two entitlements, social security and medicare. that means you paid into it and you're entitled to it and everything else is well fare and the country is going to be destroyed by this company who spends, spends, spends and steve, the big dem
host: republicans offering a three-month extension on the debt ceiling limit. a vote scheduled or at least announced for next week. we're getting your thoughts on the idea of a holdup of the debt limit extension. talks about the budget. talks about spending. as you've heard about this morning. you can join us for the remaining 15 minutes so we have our caller on the republican line. caller: the guy from florida is wrong the democrats control the senate and they are controlled and even the...
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Jan 21, 2013
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they have announced to be taking a vote on the debt ceiling. so it just -- >> on wednesday. >> only gets better. >> yeah. at this point, we are in the middle of a process of governing that's going to get very hot very fast this week with the debt ceiling vote in the house and potentially a filibuster vote in the senate. the president speaking to some of those matters at least in the second inaugural. not a state of the union but had a lot of specifics in it. you are watching msnbc's live continuing coverage of president obama's second inauguration. we'll be right back. have given way to sleeping. tossing and turning where sleepless nights yield to restful sleep. and lunesta®(eszopiclone) can help you get there. like it has for so many people before. when taking lunesta, don't drive or operate machinery until you feel fully awake. walking, eating, driving, or engaging in other activities while asleep, without remembering it the next day, have been reported. lunesta should not be taken together with alcohol. abnormal behaviors may include aggres
they have announced to be taking a vote on the debt ceiling. so it just -- >> on wednesday. >> only gets better. >> yeah. at this point, we are in the middle of a process of governing that's going to get very hot very fast this week with the debt ceiling vote in the house and potentially a filibuster vote in the senate. the president speaking to some of those matters at least in the second inaugural. not a state of the union but had a lot of specifics in it. you are watching...
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Jan 22, 2013
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i voted against an increase to the debt limit two years ago and intend to vote against another increase unless we substantially change the way that government does business by reducing federal spending. in addition to it being alleged that it's irresponsible not to raise the debt ceiling, sometimes it's suggested that it's not compassionate to not spend money. where is the compassion in spending money that we don't have that's being borrowed and will have to be repaid by future generations of americans, kids and grandkids? our country is facing enormous fiscal challenges that if left unchecked will have a disastrous impact on the future of our nation. the simple truth is that government is spending more than it's taking in, and this pattern must not, cannot in fact continue. during the last two years alone the government has spent more than $7.3 trillion and increased the nation's debt by more than $3.2 trillion. we didn't get into this situation overnight. it's been years in the making. our staggering national debt and deficits are the responsibility of many congresses and presidents f
i voted against an increase to the debt limit two years ago and intend to vote against another increase unless we substantially change the way that government does business by reducing federal spending. in addition to it being alleged that it's irresponsible not to raise the debt ceiling, sometimes it's suggested that it's not compassionate to not spend money. where is the compassion in spending money that we don't have that's being borrowed and will have to be repaid by future generations of...
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Jan 18, 2013
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screaming and the -- ceiling and the sequesters. house republicans concerned if they do anything about tax reform. they may leave it open to the senate and not taking action and taken the vote for no reason. are you optimistic? >> first of all, i have -- we have to reself the debt crisis in terms of sequestration. and in term of the full, faith, and credit in the next six weeks. we aren't going to accomplish tax reform in the next six weeks. so we have a deadline that i think cannot be basically moved for what we need to do in the next six weeks. that will leave us adequate time to tackling the longer range problems. we're not going tackle tax reform in the next six weeks. we need to essentially deal with the sequestration, specially find a balanced approach that is going to raise a trillion dollars or close to. so that's why i have some optimism because we need to face up to the next six weeks, resolve it, and -- [inaudible] >> rick. [inaudible] by conflict -- i want to ask you about one of the big things the intiement element refo
screaming and the -- ceiling and the sequesters. house republicans concerned if they do anything about tax reform. they may leave it open to the senate and not taking action and taken the vote for no reason. are you optimistic? >> first of all, i have -- we have to reself the debt crisis in terms of sequestration. and in term of the full, faith, and credit in the next six weeks. we aren't going to accomplish tax reform in the next six weeks. so we have a deadline that i think cannot be...
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Jan 16, 2013
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from the debt ceiling to the nra to the neocons. taking them on. the president is sticking it to his opponents, and he's winning. >>> and the house of representatives is voting on a relief package for the victims of superstorm sandy. will republicans stand up to help those hit by the storm? or stand in the way? >>> let me finish with a republican party that's beginning to sound and look like a pack of moonshiners. they don't like those revenuers. this is "hardball," the place for politics. with the spark cash card from capital one, sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every day! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great businesses deserve great rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? here's your invoice. ♪ [
from the debt ceiling to the nra to the neocons. taking them on. the president is sticking it to his opponents, and he's winning. >>> and the house of representatives is voting on a relief package for the victims of superstorm sandy. will republicans stand up to help those hit by the storm? or stand in the way? >>> let me finish with a republican party that's beginning to sound and look like a pack of moonshiners. they don't like those revenuers. this is "hardball,"...
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>> eric: senator obama in 2006 and 2007 and maybe 2008 voted against raising the debt ceiling. listen to what he had to say about the debt ceiling. >> the problem is that the way bush has done it over the last eight years is to take out a credit card from the bank of china in the name of our children, driving up our national debt from $5 trillion from the first 42 presidents, number 43 added $4 trillion by his lonesome. we now have over $9 trillion of debt that we are going to have to pay back. $0,000 for -- $30,000 for every man, woman and child. that's irresponsible! it's unpatriotic. >> eric: laura, hang in there. here is president obama from yesterday. >> america cannot afford another debate with this congress about whether or not they should pay the bills they've already racked up. so to even entertain the idea of this happening, of the united states of america not paying its bills is irresponsible. it's absurd. >> eric: a little confused. are you? >> i like that 2006 obama. sounds like that was ripped right out of my radio show. that is hilarious! so we owe china all this
>> eric: senator obama in 2006 and 2007 and maybe 2008 voted against raising the debt ceiling. listen to what he had to say about the debt ceiling. >> the problem is that the way bush has done it over the last eight years is to take out a credit card from the bank of china in the name of our children, driving up our national debt from $5 trillion from the first 42 presidents, number 43 added $4 trillion by his lonesome. we now have over $9 trillion of debt that we are going to have...
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Jan 23, 2013
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that's how long republicans are prepared to raise the debt ceiling. they really don't even address the debt ceiling issue. three months. but republican leaders are doing more. they have made promises to their fellow republicans to get their vote, to even go beyond the ryan budget. this is like the ryan budget on steroids. they have called this bill no budget, no pay. but who pays under the republican budget? seniors pay. ending the medicare guarantee. seniors, children, and people with disabilities pay, cutting medicaid. children pay because it will cut investments in their education and their future and their self-fulfillment in the competitiveness of our country and the global economy. veterans pay because of the gutting of our domestic spending priorities. i don't think we should ever link what we do here as to whether people get paid. we have a lot of work to do here this linkage is a gimmick, it's a joke, it's not right, it's designed to put people on the spot and say either you get -- you don't get paid and in order to get paid, in order for mem
that's how long republicans are prepared to raise the debt ceiling. they really don't even address the debt ceiling issue. three months. but republican leaders are doing more. they have made promises to their fellow republicans to get their vote, to even go beyond the ryan budget. this is like the ryan budget on steroids. they have called this bill no budget, no pay. but who pays under the republican budget? seniors pay. ending the medicare guarantee. seniors, children, and people with...
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Jan 21, 2013
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they decided to get off the track of fighting him on raising the debt ceiling. they're still going to negotiate that path. they have to vote, look at the first daughter. reflect the public's desire. cut government spending to compromise while thinking ahead to their own political calendar and trying to push the president where they can, where they think it's appropriate. >> this is as decent a measure as how far we've come in four years ago any. everyone looking at the first daughters, saying how big they've grown in four years. >> they seemed like little girls four years ago and now they are young ladies. >> and notably out of the spotlight, which is just how their mother and dad want. sasha needed a box to stand on last time. no more. >> her older sister is strikingly tall. she moves around the corridors of school. >> and their grandmother, michelle obama's mother is there, also. we don't really get to see enough of her. >> as is her wish. everyone around me just says what a terrific president is around the white house. it makes it feel like home, makes it fee
they decided to get off the track of fighting him on raising the debt ceiling. they're still going to negotiate that path. they have to vote, look at the first daughter. reflect the public's desire. cut government spending to compromise while thinking ahead to their own political calendar and trying to push the president where they can, where they think it's appropriate. >> this is as decent a measure as how far we've come in four years ago any. everyone looking at the first daughters,...
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house republicans suspend measure to suspend debt ceiling. until mid may setting the stage for a floor vote as soon as wednesday. they write that the house rules committee posted text of the legislation as washington prepared for president obama's second inauguration. the bill would withhold members' pay if congress fails to pass a budget by april 15. they will hold an emergency meeting to discuss legislation tuesday setting up a vote as soon as wednesday on the house floor. angus is in rose dale, new york on our republican line. go ahead. caller: good evening. i'm sorry. it is agnes. first of all, i would like to thank c-span for giving us such excellent coverage as usual and yes, i am african-american and yes, i am a republican and my parents were republicans and we're from the south. i would like to say that -- a shout out to former president george bush and his family. i love them as well. i hope his family, his father -- they are in our prayers. i saw condoleezza rice today and she was beautiful as usual. i also would like to say that i
house republicans suspend measure to suspend debt ceiling. until mid may setting the stage for a floor vote as soon as wednesday. they write that the house rules committee posted text of the legislation as washington prepared for president obama's second inauguration. the bill would withhold members' pay if congress fails to pass a budget by april 15. they will hold an emergency meeting to discuss legislation tuesday setting up a vote as soon as wednesday on the house floor. angus is in rose...
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has led to a lot of the big fights on the fiscal cliff and debt ceiling that conservatives who are in the majority want to cut federal spending and they'll do it however they need to. >> understood. dana bash, thanks so much. >>> practice makes perfect even on the steps of the u.s. capitol. rehearsals have been under way complete with stand-ins for the first family. president obama will take his oath twice. on sunday, january 20th, he'll use first lady michelle obama's family bible. and on monday during the public ceremony, he'll use two other bibles. one of them belonged to president lincoln. it's the same one will be used in 2009 during the inauguration. the second bible belongs to civil rights leader dr. martin luther king jr. king's son joins me now from washington. we're so glad you're here. >> thank you. i'm honored to be here today. >> you wrote an op-ed, even your description of the bible is touching. you say it's faded and some of the pages are torn. tell us how your father, dr. king, used that bible. >> well, number one, we found that when he was pastoring or preparing a ser
has led to a lot of the big fights on the fiscal cliff and debt ceiling that conservatives who are in the majority want to cut federal spending and they'll do it however they need to. >> understood. dana bash, thanks so much. >>> practice makes perfect even on the steps of the u.s. capitol. rehearsals have been under way complete with stand-ins for the first family. president obama will take his oath twice. on sunday, january 20th, he'll use first lady michelle obama's family...
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Jan 22, 2013
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tomorrow, they're going to introduce their bill, vote on their bill to extend the debt ceiling for three months, give themselves a little running room, but this is a president who is going to be aggressive about his agenda. he didn't just talk over republicans, he went right after them, talking about takers, s saying that's not what social security and medicare are, a jab not only at mitt romney but paul ryan, who he will be dealing with. >> when you have a guy who has bullied you in the schoolyard for four years and you finally fight the bully and you beat them like he just did in this election, you're not as afraid of the bully as you was or at least cautious. i think they bullied this president. he went to the mat and re-elected with a wider margin than george bush and saying the bullying is over. we're either going to fight or work together. >> the problem is both sides feel like they were bullied over the past four years and they've got to figure out how to work together over the next four years. i want to talk about yesterday with you quickly and open it up. it struck me as a son o
tomorrow, they're going to introduce their bill, vote on their bill to extend the debt ceiling for three months, give themselves a little running room, but this is a president who is going to be aggressive about his agenda. he didn't just talk over republicans, he went right after them, talking about takers, s saying that's not what social security and medicare are, a jab not only at mitt romney but paul ryan, who he will be dealing with. >> when you have a guy who has bullied you in the...